shipinjiuhe

It's unfair to compare industrial and consumer companies to tech companies since the demand for commodities such as energy and food will not grow nearly as fast as technology. We cannot expect an already saturated market to spend too much on Research.

Companies go public to raise capital. But it'd only make sense if they are generating enough earnings so that investors are not losing their money. For example, in the case of Snapchat, it'd probably be better off if they raise another few more rounds of funding from venture capital and figure out a profitable business model. Otherwise, who wants shares of a company that only takes but do not give?

It did not crash for me though

It'd be interesting to see how many monthly active users each of these companies have